Deal Street

2024 African Venture Capital Report

Coming Soon

Powered by EmailOctopus

African Startup Funding Tracker

US$451,104,000+

*Data updated daily at 18:00 EAT

Kenyan Logistics Startup Lori Systems Secures Pre-Series B Round
Kenyan Logistics Startup Lori Systems Secures Pre-Series B Round

Lori Systems, a Kenyan logistics startup has secured a pre-Series B round from Google along with other existing investors. This undisclosed investment is Google’s third from the USD 50 Mn Africa Investment Fund which targets early- and growth-stage startups in Africa.

Lori Systems provides supply chain management solutions to cargo owners, ensuring flexibility, reliability, and cost savings. The startup has operations in Uganda, Rwanda, South Sudan, and Nigeria.

preload imagepreload image